:Initial investment:€3,000.00 – Rental contract, First, Last, Security Deposit€3,056.68 – Furnishings/Consumables€1,308.03 – Taxes/LegalTOTAL – €7364.71 Average Monthly Gross: TOTAL – €1820.33Average Monthly Operating Expenses:€127.25 – Utilities€191.10 – Taxes, Maintenance, CapEx€289.15 – Management€1000.00 – Rent (*See Master Lease Strategy) TOTAL - €1,607.50Average Monthly Cash Flow - €212.83Est. months to break-even - 35 monthsObviously, there are a lot more details (challenges, wins, etc.) to this story.

You as the consumer of financial services will NOT be getting unbiased advice from anyone associated with Tardus no matter what the title or position.

@Luke H.If the buyer is living in the property now it’s a consumer loan compared to a loan to an investor and will kick in a lot more regulationsYou can’t do a balloon less than 5 years, need to have it serviced by a licensed servicer, will have to go by interest rate usury laws, collect escrow…..I would not loan on this property to an owner occupant

Check out our comments on Pissed Consumer for more about this poor excuse for real estate investing software.

I just think it is important for consumers to realize that they cannot use Handymen for everything (of course depending on their state as you say).And yes, better to jump in and get going.

This negative position can consume years of cash flow to recover.

I highly suspect you folks have never ever been through any kind of civil business litigation and have no clue how expensive and time consuming it can be..

If someone represents themselves as private lenders, check them on NMLS consumer access to see if they are licensed.

Hey, jobs are a hassle too and very time consuming in my experience.Hope that helps and isn't trite advice. 

If there is no initial agreed-upon amount, determining a fair compensation becomes more time-consuming, leading to further losses.